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fighting escalate in the gaza strip as we continue to watch what israel and what palestinians are doing in the area and the fact that there does not appear to be any cease-fire on the horizon although egypt's prime minister is in gaza today urging some international cooperation. we're also looking at the fact that oil prices here in the u.s. have basically erased this week's losses because of the gains that we're seeing currently in the oil complex. we're also hearing reports about iraqi enjoy saying that arabs should use oil to press israel over gaza. those headlines helping to cause this bid in the oil complex. in the gold market, we've seen steady declines over the last several sessions and now a little bit of stabilization in the gold market. there are concerns based on the world gold council report about demand particularly out of china. we've seen the cme lower margins for gold and silver so that may have an impact on the trading activity from here. carl, back to you at the white house. >> all right. thanks so much. in a half hour from now the president will hold key meeting with
're looking at oil prices that are lower. the truce is holding between israel and hamas and that's something that's perhaps putting some pressure on prices. the cease-fire holding and the fact that we are looking at some weakness here in the euro and traders continue to eye what is happening there in the eurozone over the greek debt deal. we're also watching of course the protest that erupted over a three-day period in egypt and that could lend some support to the oil price going forward. we are watching metals market which is somewhat lower here. gold prices after the significant rally on friday seem to be in this range between 17.46 and 17.55. we're looking at copper prices and there's a lot ahead for this market to watch namely what's happening in china and pmi data coming out later in the week. the big story in commodities definitely the slide that we're seeing in natural gas down about 4%. warmer temperatures ahead for the month of december. that is what's pressuring the nat gas market. back to you, david. >> now i want to resist a story we brought to you on friday and it continues. not
Search Results 0 to 1 of about 2